Tanalys

USD/JPY intraday: bullish bias above 99.7.

Pivot: 99.7

Our preference: Long positions above 99.7 with targets @ 100.8 101.2 in extension.

Alternative scenario: Below 99.7 look for further downside with 99.45 99.1 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Key levels

101.85

101.2

100.8

100.22 last

99.7

99.45

99.1

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